The basics…

The finer details…

New customers must open the account online, after which it can be in the same way or by phone. Existing customers can open an account using either method. An initial investment of just £1 is needed, and it should be noted that access is via a nominated account.

Additional deposits can be made at any time and an unlimited number of penalty-free withdrawals can be made without notice, giving savers the height of flexibility.

Why we like it…

The rate increase to this account has allowed it to improve its chart position and take the spot at the top of the podium. Savers who are looking for a competitive but highly flexible account are therefore likely to find this an attractive offer.

Moneyfacts rating: Excellent

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.